NetScout Systems (NASDAQ:NTCT) Updates FY 2026 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.350-2.45 for the period, compared to the consensus estimate of 2.070. The company issued revenue guidance of $830.0 million-$870.0 million, compared to the consensus revenue estimate of $849.4 million. NetScout Systems also updated its FY 2026 guidance to 2.350-2.45 EPS.

NetScout Systems Stock Up 1.4%

Shares of NTCT opened at $27.31 on Thursday. The business’s 50 day moving average is $26.00 and its two-hundred day moving average is $23.90. NetScout Systems has a 52-week low of $18.12 and a 52-week high of $28.30. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 27.31 and a beta of 0.72.

NetScout Systems (NASDAQ:NTCT) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.05. NetScout Systems had a return on equity of 7.47% and a net margin of 8.72%.The business had revenue of $186.75 million for the quarter, compared to analyst estimates of $181.50 million. During the same period in the prior year, the company posted $0.28 EPS. The business’s revenue was up 6.9% compared to the same quarter last year. On average, equities analysts expect that NetScout Systems will post 1.5 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on NTCT shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NetScout Systems in a research note on Tuesday, October 14th. B. Riley started coverage on NetScout Systems in a research note on Tuesday, August 26th. They set a “buy” rating and a $33.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $29.00.

Insider Activity

In other news, EVP John Downing sold 3,000 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $27.80, for a total transaction of $83,400.00. Following the transaction, the executive vice president owned 138,494 shares of the company’s stock, valued at approximately $3,850,133.20. This represents a 2.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael Szabados sold 4,000 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $22.91, for a total value of $91,640.00. Following the transaction, the director directly owned 38,939 shares in the company, valued at approximately $892,092.49. This represents a 9.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 18,000 shares of company stock valued at $442,273. Insiders own 3.82% of the company’s stock.

Institutional Trading of NetScout Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NTCT. Ameriprise Financial Inc. grew its holdings in NetScout Systems by 235.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 578,608 shares of the technology company’s stock valued at $14,355,000 after buying an additional 406,004 shares during the last quarter. AQR Capital Management LLC raised its position in NetScout Systems by 63.0% in the 2nd quarter. AQR Capital Management LLC now owns 724,165 shares of the technology company’s stock valued at $17,945,000 after purchasing an additional 279,847 shares during the last quarter. Goldman Sachs Group Inc. raised its position in NetScout Systems by 17.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,420,479 shares of the technology company’s stock valued at $29,844,000 after purchasing an additional 207,807 shares during the last quarter. Man Group plc increased its stake in shares of NetScout Systems by 143.1% in the 2nd quarter. Man Group plc now owns 284,585 shares of the technology company’s stock valued at $7,061,000 after buying an additional 167,520 shares during the period. Finally, Jane Street Group LLC increased its stake in shares of NetScout Systems by 64.3% in the 1st quarter. Jane Street Group LLC now owns 348,209 shares of the technology company’s stock valued at $7,316,000 after buying an additional 136,253 shares during the period. Institutional investors and hedge funds own 91.64% of the company’s stock.

About NetScout Systems

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.